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PepsiAmericas

From Wikipedia, the free encyclopedia

PepsiAmericas, Inc.
Company typePublic
IndustryBeverage distribution
HeadquartersMinneapolis, Minnesota, United States
Key people
Robert C. Pohlad, Chairman & CEO
ProductsPepsi
Sunny Delight
Hawaiian Punch
Lipton
Dr Pepper (for Dr Pepper Snapple Group)
Country Time Lemonade (for Dr Pepper Snapple Group)
Crush (for Dr Pepper Snapple Group)
Country Time Lemonade (for Dr Pepper Snapple Group)
Frappuccino (for Starbucks)
Revenue$4.5 billion USD (2007)
Websitewww.pepsiamericas.com

PepsiAmericas, Inc. was the world's second-largest bottler of Pepsi-Cola products, under contract with product owner PepsiCo. PepsiAmericas also held contracts to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in Minneapolis, Minnesota.

By early 2009, PepsiCo held a 41.1% stake in the PepsiAmericas. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share.[1] In August 2009, PepsiCo also made an offer for Pepsi Bottling Group, the world's largest bottler of Pepsi-Cola products. On February 26, 2010, after regulatory review, PepsiCo's acquisitions of the two bottling companies was completed, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.

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Transcription

History

In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name.[2] Whitman was founded as the Illinois Central Railroad.[3] It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.[4]

References

  1. ^ [1][dead link]
  2. ^ Profile of PepsiAmericas
  3. ^ ICI, Pepsi organization OK merger Railway Age January 5, 1970 page 8
  4. ^ Profile of Whitman Corporation

External links


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This page was last edited on 3 October 2022, at 05:43
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